Israel seized nearly 200 Binance accounts over terrorism links over two years
Authorities in Israel have seized 190 Binance accounts with ties to Islamic terrorist teams since 2021, Reuters mentioned on May 4.
Reuters reported that two of these accounts had been linked to Islamic State (ISIS) and that just about all the different accounts had been owned by three corporations with ties to Hamas.
Reuters was unable to find out the overall quantity of cryptocurrency seized throughout these 190 accounts. Nonetheless, it famous that Israel’s Nationwide Bureau for Counter Terror Financing (NBCTF) disclosed in April that it had seized cryptocurrency value greater than $137,000 from 80 Binance accounts belonging to the identical three corporations.
The NBCTF mentioned that these accounts had been the property of “terrorist organizations.” Nonetheless, a consultant for one of many firms — Al Mutahadun For Trade — mentioned that the agency doesn’t use cryptocurrency and solely works with fiat cash.
Different studies from December recommend that Israel seized no less than $33,500 and $750,000 of cryptocurrency from Hamas-linked crypto wallets on different events.
By the way, U.S. CFTC fees from March recommend that Binance executives knowingly mentioned and permitted transactions related to Hamas.
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